LSE

A situation in which a market or industry is controlled by a small group of companies.

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Unique to the UK, these funds pool together money to invest from multiple investors.

A set of standards which investors use to present their investment results.

A measure of how much the prices of an asset or index vary over time.

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Learn what's a collective investment scheme

The highest, or lowest, price a share has traded at in a passing year.